Listed by KW Mountains to Sound Realty, Bought with Better Properties NW
NOT LISTED FOR SALE

3622 159th Street Ct E Parkland, WA 98446

Estimated Value: $548,686 - $752,000

4 Beds
2 Baths
1,900 Sq Ft
$337/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $567,500 $299 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,794/month

53 Days on Market

Highlights

  • RV Access or Parking
  • Secluded Lot
  • No HOA
  • 1.55 Acre Lot
  • Engineered Wood Flooring
  • Forced Air Cooling System

About This Home

As of October 2023

CASH flowing and completely remodeled duplex (2BR/1Bath each unit) just a short distance off of Canyon Road! BOTH units with good tenants paying $1900/month. Two story side by side units each with a 1 car garage and plenty of additional parking, storage and large yard. Current updates include exterior paint, roof, windows, electrical panels, flooring, water heater, quartz counters and new cabinets. Quiet dead-end road and on over an acre lot with a picturesque evergreen tree backdrop, tons of native birds and a seasonal creek. High cap rate and turn key!

Last Agent to Sell the Property

Khanh Nguyen

KW Mountains to Sound Realty License #92270 Listed on: 05/19/2023

KW Mountains to Sound Realty

Last Buyer's Agent

Elizabeth Oluwaleye

Better Properties NW License #125506

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2070261

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,727

Year Built

  • Built in 1972

Lot Details

  • 1.55 Acre Lot
  • Open Space
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property

Flooring

  • Engineered Wood
  • Wall to Wall Carpet

Parking

  • 6 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Mounted To A Wall or Window
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Frederickson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0319234085

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,727

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1972
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1900
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Engineered Hardwood, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Open Space, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Elmhurst Mutual
  • SewerCompany: Public
  • WaterCompany: Spanaway

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 0319234085
  • Lot Size Acres: 1.55
  • Lot Size Sq Ft: 67518
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: PCR
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13.15
  • LeasedItems: None
  • TotalMonthlyIncome: 3800

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4727
  • AdditionalTaxIds: 0319234085

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Natural Gas
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Sep 13, 2023
Sold by
Nguyen Duong T
Bought by
Love & Joy Real-E Solution Llc
Seller's Agent
Khanh Nguyen
KW Mountains to Sound Realty
Buyer's Agent
Elizabeth Oluwaleye
Better Properties NW
List Price
$599,990
Sold Price
$567,500
Premium/Discount to List
-$32,490
-5.42%
Views
265
Current Estimated Value
$639,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,422
Avg. Annual Appreciation
5.97%
Original Mortgage
$412,500
Outstanding Balance
$404,185
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$235,737

Purchase Details

Listed on
Feb 3, 2022
Closed on
Feb 15, 2022
Sold by
Gainel Malybaeva
Bought by
Nguyen Duong T
Seller's Agent
Monica Hope
Windermere RE/Lake Tapps, Inc
Buyer's Agent
Khanh Nguyen
KW Mountains to Sound Realty
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$401,250
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2020
Sold by
Froelich Richard W
Bought by
Malybaeva Gainel O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2017
Sold by
Bussey Kimberly A and Hall Brenda L
Bought by
Malybaeva Gainel

Purchase Details

Closed on
Apr 18, 2001
Sold by
Kilgore Kenneth D
Bought by
Kilgore Kenneth D and Kilgore Leona O
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Love & Joy Real-E Solution Llc $567,450 Wfg National Title Company Of
Nguyen Duong T $534,719 First American Title
Malybaeva Gainel O -- Wfg Natl Ttl Co Of Wa Llc
Malybaeva Gainel $224,719 Wfg Natl Title
Kilgore Kenneth D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Love & Joy Real-E Solution Llc $412,500
Previous Owner Nguyen Duong T $401,250
Previous Owner Malybaeva Gainel O $237,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2023 10/06/23 Sold $567,500 -4.6% $299 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/13/2023 06/13/23 Price Changed $594,990 -0.8% $313 / Sq Ft
05/19/2023 05/19/23 For Sale $599,990 +12.1% $316 / Sq Ft
03/08/2022 03/08/22 Sold $535,000 +1.9% $282 / Sq Ft View Prior Sale
02/10/2022 02/10/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $525,000 -- $276 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,134 $441,100 $207,300 $233,800
2024 $5,134 $473,100 $195,600 $277,500
2023 $5,134 $436,000 $175,900 $260,100
2022 $4,562 $404,200 $177,800 $226,400
2021 $4,117 $286,400 $114,000 $172,400
2019 $2,825 $255,900 $91,200 $164,700
2018 $3,064 $224,000 $84,700 $139,300
2017 $3,064 $200,800 $77,500 $123,300
2016 $2,858 $178,800 $61,900 $116,900
2014 $2,628 $166,200 $55,000 $111,200
2013 $2,628 $151,900 $45,800 $106,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2070261

Northwest Multiple Listing Service (NWMLS)

APN: 031923-4085